RE: Beware of Ethereum ICOs and Potential Capital Destruction

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Beware of Ethereum ICOs and Potential Capital Destruction

in ethereum •  7 years ago 

I am with you on this one @maxmonroe. There is a lot of fiat currency flowing into ICO's and surely over 90% of them will eventually fail similar to the tech bubble in the 1990's. This is where learning from history is a good thing so it doesn't get repeated at the expense of your wallet. I am playing it safe for the time being and investing mostly in the top 10 cryptos. That's my play and two fiat cents on the subject. Thanks again for a great post!

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Than you for the compliment, indeed I am afraid many of the ICOs will blow up and this will likely lead to more regulatory scrutiny by the SEC. Crypto is one of the few ways that small investors can participate in venture capital.